Microsoft may not look to bid for acquiring Yahoo but now it would be other type deal with No 2 Search engine – Steve Ballmer stated yesterday. “We are not bidding to buy Yahoo,” Ballmer said at the inauguration of Microsoft’s new research and development centre in Israel.

“Yet, we are trying to have discussions about deals with Yahoo that might create value, but not a whole acquisition of the company,” he said without elaborating further. Earlier this month, Microsoft moved away from the offer to obtain Yahoo for $47.5 billion (24.16 billion pounds), or $33 per share, after Yahoo rejected the offer, saying it would only resolve for $37 a share.

Microsoft is now planning to make an alternative offer, proposing to purchase Yahoo’s search business and take a marginal stake in the Web firm, a person well-known with the discussions told Reuters this week.

Name (required) Mail (will not be published) (required) Website Message

Δ